Ethereum and its ecosystem have recently received a series of major good news:
First, the SEC has permanently suspended its investigation into Ethereum, which means that Ethereum is no longer considered a security, greatly increasing the possibility of Ethereum ETF approval.
Second, July 2 is the deadline for submission of the S-1 registration document for Ethereum ETF, which is a key node and has attracted much attention from the market.
In addition, August 7 is the resolution time for BlackRock to submit an application for Ethereum ETF, and this event will also have a profound impact on the market trend of Ethereum.
In addition, the exchange shows a continuous outflow of a large amount of Ethereum, indicating that large investors are actively accumulating this asset, further proving the value and potential of Ethereum.
Therefore, it may be wise for investors to hold more than 20% of Ethereum positions.
In the next two months, Ethereum and its ecosystem are expected to become the main theme of the market.